Edison International (EIX)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,407,000 | 1,456,000 | 1,170,000 | 1,053,000 | 824,000 | 1,043,000 | 820,000 | 889,000 | 1,043,000 | 880,000 | 889,000 | 846,000 | 739,000 | 356,000 | 1,115,000 | 1,189,000 | 1,284,000 | -289,000 | -247,000 | -363,000 |
| Revenue (ttm) | US$ in thousands | 16,338,000 | 16,648,000 | 17,174,000 | 17,218,000 | 17,220,000 | 16,535,000 | 16,606,000 | 15,913,000 | 14,905,000 | 14,731,000 | 14,076,000 | 13,748,000 | 13,578,000 | 13,391,000 | 12,488,000 | 12,313,000 | 12,347,000 | 12,386,000 | 12,914,000 | 12,917,000 |
| Net profit margin | 8.61% | 8.75% | 6.81% | 6.12% | 4.79% | 6.31% | 4.94% | 5.59% | 7.00% | 5.97% | 6.32% | 6.15% | 5.44% | 2.66% | 8.93% | 9.66% | 10.40% | -2.33% | -1.91% | -2.81% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,407,000K ÷ $16,338,000K
= 8.61%
The net profit margin of Edison International has shown a gradual upward trend over the quarters in 2022 and 2023, reflecting an improvement in the company's profitability. In Q1 2022, the net profit margin was 3.67%, which increased to 4.35% in Q3 2022. The trend continued in 2023, with further increases to 7.33% in Q4 2023.
The consistent improvement in the net profit margin indicates that the company has been effectively managing its expenses and generating higher profits relative to its revenue. This could be attributed to successful cost-control measures, efficient operations, or increasing revenue streams.
Overall, the increasing net profit margin suggests that Edison International has been efficiently converting its revenue into profits, which is a positive indicator of the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2023